Solid State PLC Grant of Options (9178G)
June 01 2017 - 10:18AM
UK Regulatory
TIDMSOLI
RNS Number : 9178G
Solid State PLC
01 June 2017
1 June 2017
Solid State plc
("Solid State" or the "Company")
(AIM: SOLI)
Grant of options
Solid State plc (AIM: SOLI), the AIM listed supplier of
specialist industrial/ruggedised computers, electronic components,
advanced antenna products, communications systems and battery power
solutions to the electronics market, announces options have been
granted to each of the following directors (who currently have no
outstanding options) under the Company's Long Term Incentivisation
Plan, as follows:
Director Number of Exercise price
options
------------------ ---------- ---------------
Gary Marsh 48,000 0.1p
------------------ ---------- ---------------
John Macmichael 48,000 0.1p
------------------ ---------- ---------------
Matthew Richards 48,000 0.1p
------------------ ---------- ---------------
Peter James 48,000 0.1p
------------------ ---------- ---------------
The Options are subject to performance criteria determined by
the Remuneration Committee linked to the pre tax profit performance
of the Group in each year of a three year vesting period from 1(st)
April 2017.
For further information please contact:
Solid State plc 01527 830630
Gary Marsh - Chief Executive
investor.information@solidstateplc.com
Peter James - Group Finance Director
WH Ireland (Nominated Advisor & Joint Broker) 0117 945 3470
Mike Coe/Ed Allsopp (Corporate Finance)
Jasper Berry/David Kilbourn (Corporate Broking/Sales)
finnCap (Joint Broker) 020 7220 0500
Ed Frisby/Kate Bannatyne (Corporate Finance)
Emily Morris/Rhys Williams (Corporate Broking/Sales)
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper/Paul Vann 0797 122 1972
tom.cooper@walbrookpr.co.uk
Notes to Editors:
Solid State plc (SOLI) is a leading value added group of
companies providing specialist design-in and manufacturing services
to those acquiring industrial/rugged computing products, battery
power solutions, communication systems, advanced antenna products,
and electronic components for use in harsh environments.
Serving niche markets in oil & gas production, medical,
construction, security, military and field maintenance, Solid State
acts as both a distributor to OEMs and bespoke manufacturer of
specialist units to clients with complex requirements.
Headquartered in Redditch, Worcestershire, Solid State employs
over 200 staff across five sites. Solid State operates through two
main divisions: Solid State Supplies and Steatite.
Solid State was established in 1971 and admitted to AIM in June
1996
This information is provided by RNS
The company news service from the London Stock Exchange
END
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